The buyout of Bamburi Cement by Tanzanian firm Amsons Group has been finalized. The buyout was finalized on Thursday when 212.73 million Bamburi shares were transferred by the shareholders to the Tanzanian firm. These shares were worth Sh. 13.83...
Every year, over 100 students have been joining a list of students whose primary, secondary and university education is paid for by the NCBA Group. In February 2024 for instance, over 100 students received a multi-million scholarship from the...
In 2024, the NCBA Group entered into a series of strategic partnerships that have vindicated the bank as Kenya's go-to financial institution for individuals, communities, and corporates.
A spot check and analysis by Bizna Kenya shows that these partnerships have...
The Central Bank of Kenya (CBK) has lowered its lending rate from 12 per cent to 11.25 per cent.
In lowering the rate, the Monetary Policy Committee (MPC) stated that generally, global inflation has declined and central banks in the...
Small business owners and farmers with an annual turnover of less than Sh. 5 million are set to be exempted from complying with the Kenya Revenue Authority's eTIMS invoicing system.
This is after the National Assembly's Finance Committee made a...
Incoming US President Donald Trump has threatened to slap countries under the BRIC bloc with 100 per cent trade tariffs if they try to replace the US Dollar as their trading currency. Trump made the declaration on social media...
Safaricom has launched a new money market fund (MMF) that will be in direct rivalry with the Mali Money Market Fund that it has been running.
According to a report that appeared in a local daily on Thursday, Safaricom launched...
According to the Central Bank of Kenya (CBK), the inflation rate is currently at low levels that were last seen seventeen years ago.
As at October 2024, the CBK placed the inflation rate at 2.72 per cent.
However, Kenyans have lamented...
What is the secret formula to success and wealth? Every successful person has their own success method. So what is this method? It is a combination of things working seemelessly together towards one goal: wealth. Here, let's explore how...
Incidents of Kenyans still going for agents who are promising jobs and visas in countries such as Canada, the United Kingdom and the United States continue to pile. And the consequences are proving to be very costly as one...
